Watkins Tapsell BUSINESS STRUCTURING
Issues to consider to ensure that the business is established correctly
Before starting a business, there are a number of issues to consider to ensure that the business is established in the best way for the future.
- Having the correct business structurev set up. At Watkins Tapsell, we can assist you with all aspects of the setup and preparation of documents and agreements for:
- companies
- partnerships
- trust
- Having your business documentation in order, including:
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- Terms and conditions
- Supply agreements
- Having your Employment Documentation in order
- Making sure your occupation of premises is in order. Are you going to own your premises? Lease premises? Each alternative has benefits and risks, and it is important that you have documentation in place, including written leases.
- How you will deal with customers, including if they don’t pay.
- Have you got the right insurance?
- Have you protected your intellectual property?
- Do you have the cashflow to start and run your business?
- What happens if something goes wrong? It is important to have plans in place if something happens to you, including both your personal Will, Power of Attorney and Enduring Guardianship, as well as documentation for your business.
Watkins Tapsell BUSINESS STRUCTURING
The right structure to ensure your business runs smoothly, reduces risk and legally minimises tax
Watkins Tapsell’s Commercial Business and Property team works closely with our Workplace Law, Litigation and Estates teams, as well as our clients’ accountants and other professional advisers, to ensure that our clients’ businesses are set up in the best way to ensure they run smoothly, reduce risk and legally minimise tax.
We regularly hold seminars and workshops on business structuring and the other aspects of running a business.
For further information on these seminars and how we can help you, get in touch with our team below.
